Tagged: Qatar Financial Center

June 1, 2021 @ 11:21 pm By Omar Faridi  |  

Qatar-headquartered Fintech firm Dibsy has acquired $300,000 through a pre-seed round that was led by Salem Khalaf Al Mannai along with participation from several angel investors. Dibsy’s management reveals that their investment round was finalized in late 2020. The Dibsy team notes: “Our brand is… Read More

November 22, 2020 @ 3:03 pm By Omar Faridi  |  

Qualified or eligible Fintech firms interested in establishing operations at the Qatar Financial Centre (QFC) could save around $10,000 as the QFC gets ready to launch its “Tech Talk” series. Henk Jan Hoogendoorn, MD at the Financial Sector Office at the QFC, noted earlier this… Read More

September 28, 2020 @ 9:45 pm By Omar Faridi  |  

Fintech firms in Qatar are focused on improving the customer experience by providing more accessible financial services. Fintech solutions providers are helping with enabling greater financial inclusion, lower operational costs, and offering better security for applications, according to Burak Zatiturk, the Financial Services Leader at… Read More

August 24, 2020 @ 10:04 pm By Omar Faridi  |  

Qatar has been ranked or classified as a high-income economy by the World Bank. Although the Middle Eastern country only has a GDP of around $200 billion (a lot less compared to many trillion-dollar economies), it’s home to just over 2.7 million people so the… Read More

August 6, 2020 @ 11:51 pm By Omar Faridi  |  

Qatar has substantial capital that has been invested by local entities into the nation’s economy, which is more diversified than most other countries in the Middle East. However, foreign direct investment (FDI) may still serve a key role in developing the nation’s knowledge-based economy and… Read More

July 30, 2020 @ 8:56 pm By Omar Faridi  |  

Dr. R Seetharaman, the CEO at Doha Bank, says that cooperation between Qatar and Hong Kong in key areas such as digital commerce, supporting startups, and the development of Fintech platforms may strengthen bilateral relations between the two nations. Seetharaman, whose comments came during a… Read More

July 17, 2020 @ 10:48 pm By Omar Faridi  |  

Qatar has a population of around 2.5 million, however, there are only around 300,000 to 400,000 Qatari citizens, as the country is home to more than 2 million expatriates. These expats are from all over the world, including the US, the UK, and other leading… Read More

June 25, 2020 @ 11:33 pm By Omar Faridi  |  

The Qatar Financial Center (QFC) Authority, a business and financial center based in Doha, recently confirmed that it remains focused on becoming a major hub for Fintech in the MENA and South Asia region. The Middle East region’s Fintech sector reportedly saw global investment increase… Read More

June 15, 2020 @ 11:00 pm By Omar Faridi  |  

The Qatar Fintech Hub (QFTH), co-founded by Qatar Development Bank (QDB), is planning to encourage and support multinational Fintech firms to establish operations in the Middle Eastern country. The QFTH noted during a recent meeting that it’s working with several global Fintech hubs. The organization’s… Read More

May 27, 2020 @ 12:27 am By Omar Faridi  |  

Fintech adoption in Qatar is on the rise, as more consumers are making digital or online payments, instead of using cash due to COVID-19. The nation’s residents have been asked to follow safe distancing measures in order to prevent the further spread of the Coronavirus…. Read More

January 14, 2020 @ 12:06 am By Omar Faridi  |  

The Qatar Financial Center (QFC), one of the largest and fastest-growing business and financial centers in the Middle Eastern country, ended 2019 with a significant 33% growth, as nearly 200 companies registered on QFC’s platform. The number of firms establishing operations out of the QFC… Read More